The bill amends South Dakota law regarding the process for a school district to impose an excess tax levy. It allows the governing body of a school district to raise additional revenues for general fund purposes through an excess tax levy, which requires an affirmative two-thirds vote by the governing body before July 15 of the year prior to the taxes being payable. The bill specifies that any excess tax levy approved after July 1, 2002, must include details in the resolution about the duration of the levy and the total maximum dollar amount of taxes payable over its term.

Additionally, the bill modifies the requirements for notifying taxpayers about the excess tax levy. It introduces a new requirement for the announcement to include the number of years the levy will be applied and the total maximum amount of taxes payable. The petition process for referring the decision to a vote has also been updated, changing the threshold for signatures from five percent of registered voters to five percent of voters who participated in the most recent regular school district election or a minimum of fifty voters. The timeframe for filing the petition has been extended from twenty to forty days after the first publication of the decision.

Statutes affected:
Introduced, 02/04/2026: 10-12-43
Senate State Affairs Engrossed, 02/09/2026: 10-12-43